JLL – Grocery Report, 2024

Grocers in 2023 saw growth through expansion, with Aldi leading the way by opening 109 new stores nationwide. Inflation and economic uncertainty remain challenges, with grocers turning to private-label products at lower prices. Regional acquisitions were prominent, such as Aldi's acquisition of 400 Winn-Dixie and Harveys Supermarket locations. Despite competition from restaurants, grocery e-commerce grew thanks to in-store shopping. Equity in fresh groceries accessibility is increasing with EBT SNAP benefits being accepted for on-demand delivery. Grocers are focusing on establishing personal connections with consumers through in-house retail media networks and partnerships with third-party players to adapt to changing preferences.